RE: TOMCO23 Jan 2023 23:09
I really don't get why you think there won't be an announcement ever, when obviously there must be an announcement within the next 25 trading days:
"The Agreement has now been varied in order to extend the exercise period of the Option. Accordingly, Greenfield may now exercise the Option, at its sole discretion, by delivering a notice of exercise on or before 28 February 2023 and making payment of the US$16.25 million cash consideration by no later than 3 March 2023."
With the 3 big buys in $40k chunks I am thinking an announcement within 2 weeks, but if I won't panic if it's longer, as the deal on the table has a very high percentage chance of success, it's basically too good an option to turn down, for both parties.